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Geneva—Citing weakened demand in China and Hong Kong for luxurygoods, Richemont today reported its first half profit fell 23% to 907 million euros (about $1.1 billion). That below the 1.05 billion euros that analysts expected due, according to Richemont, to unrealized currency hedging losses that should reverse in the second …

New York–Dragons are having quite a year! First there’s that girl with that tattoo, then we’re seeing dragons all over children’s clothes as the new motif and that movie about training one, and even the award-winning HBO hit “Game of Thrones” promises a whole slew of dragons next season. So …